
How close is South Africa to a digital rand?
While research into a retail CBDC continues, the SARB believes modernising the payment infrastructure will deliver greater near-term benefits.

While research into a retail CBDC continues, the SARB believes modernising the payment infrastructure will deliver greater near-term benefits.

Rapid growth in South Africa’s fintech sector is giving way to a tougher phase shaped by regulation, competition, and the race for customer trust.

South Africa has a two-year window to leverage FATF delisting and integrate with PAPSS, unlocking faster, cheaper cross-border payments – or risk missing the opportunity.